The performance of China's lenders in The Banker’s Top 300 Asia-Pacific Banks ranking by Tier 1 capital is a clear testament to their incredible rise. One-third of the lenders in the Top 300 and four out of the five top banks are Chinese. But while the country’s dominance of the Top 300 is stark, Chinese lenders in the ranking registered an aggregate drop in pre-tax profits of 5.48%.
The second largest jurisdiction to be represented in the Top 300 is Japan, with 58 banks. The highest ranking lender from the country – Mitsubishi UFJ Financial Group – is in fifth place. Japan’s other two mega-banks, Sumitomo Mitsui Financial Group and Mizuho Financial Group, come in at seventh and eighth place, respectively. Among Japan’s lenders in the Top 300, Tokyo TY Financial Group registered the biggest jump in Tier 1 capital (41.85%), pushing the lender up 47 spots to 179th.
